General Comments Soybeans benefited from some residual buying overnight following yesterday's strong close, but that buying barely lasted until daylight when prices started to show some gentle slippage. Wheat and corn markets were mostly soft throughout the session. It was a Friday before a USDA report that will be released at 11 AM (CDT) Monday and it's almost impossible to find anyone who doesn't believe the numbers will be bearish.There were no daily export sales announcements today. Old crop basis levels for corn and soybeans strengthened throughout this week on good demand and not much producer selling interest. Weather forecasts continue to look the same as they have for weeks. It will be cool everywhere across the Corn Belt with...
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...